Forex System Report

The signals are well defined. A little bit of discretion is required, but this is essentially a mechanical trading system. My initial analysis suggests that the signals identify trades that would match the winning percentage and drawdown figures claimed on the sales page.

The manual provides a good introduction to Forex as well as describing the system clearly.

Because this system does not place trades automatically, if you live in the UK you can place trades with a spread betting company and avoid tax on your profits.

This system is too new for me to provide a full analysis or to make a clear recomendation.

After buying the system, you are offered a further 3 systems, known collectively as "Advanced Trading Systems" for another $197. The page describes thsi as both a 90% discount and as a 98% discount! And of course, this is a one time offer. They might be great (or they might not), but they provide very few details and I dislike this form of selling.

After refusing the "Advanced Trading Systems" I was then offered them again, this time at a 95% and at a 98% discount, but still $197! And of course, this is still a one time offer. I still dislike this form of selling.

After refusing the "Advanced Trading Systems" the second time, I was then offered "Semi-Automatic Forex Engine". Apparantly, this has a regular price of $4,995 per year, which has been reduced to a special introductory price of a one off payment of $997, but an introductory special price is being made available for only $297 for "today" only. I hate this form of selling. The page does claim that this engine was sold out and is no longer available to the public - this may be true, and while www.semiautoforex.com seems to confirm this, it is not definitive evidence.

Forex Peace Army have concluded that some of the trading statements published on the sales page were not genuine. These have since been removed, though as at the time of writing, there has yet to be any explanation or apology. This does not undermine my conclusion that the claimed winning percentage and drawdown figures seem reasonable, but such sales tactics are unethical.

This seems to be a great system, though it is too soon to draw reliable conclusions. However, the manual is well written and the signals are clear and easy to evaluate. The publisher warns that the price will increase from the introductory $197 to $597.

   Buy